Rough Road Ahead

March 11, 1986

EDMONTON, ALBERTA — Falling world oil prices. They'll mean hard times for the province, Premier Don Getty said last week. He said he sees the province slipping into a period of adversity that could last up to 18 months. Falling oil prices create the potential for higher unemployment, which was 9.3 percent in Alberta in February. Getty said he will invest money from the province's $14 billion trust fund to help offset the economic downturn but won't spend the money. The province will simply have to live with any short-term deficits, he said.